Assessment u/s 144 - estimation of income - Method of accounting ...

Income Tax

March 4, 2024

Assessment u/s 144 - estimation of income - Method of accounting - Non rejection of books of account - disallowance of expenses, addition of inflated purchases and protective addition of cash found and seized - The court dismissed the appeals of the Revenue, upholding the view taken by the ITAT. It concluded that the additions made by the AO without rejecting the books of account were not justified. This

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Assessment u/s 144 - estimation of income - Method of accounting ...

Income Tax

March 4, 2024

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